Activision warns of “significantly lower” earnings [NGC]
Hot on the heels of NPD’s bleak report on November game sales comes a stark earnings warning from a top third-party publisher. Following the end of trading in New York this afternoon, Activision issued a press release which told investors to brace themselves for quarterly and annual earnings lower than the company’s November 2 forecast. The warning comes despite Activision’s 54 percent year-on-year increase in sales during November.
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